Wealthspire Retirement LLC Purchases 10,217 Shares of iShares TIPS Bond ETF $TIP

Wealthspire Retirement LLC boosted its position in iShares TIPS Bond ETF (NYSEARCA:TIPFree Report) by 20.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,136 shares of the exchange traded fund’s stock after purchasing an additional 10,217 shares during the quarter. Wealthspire Retirement LLC’s holdings in iShares TIPS Bond ETF were worth $6,526,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the company. TD Capital Management LLC bought a new position in shares of iShares TIPS Bond ETF in the fourth quarter worth $25,000. Woodside Wealth Management LLC boosted its stake in iShares TIPS Bond ETF by 167.8% during the fourth quarter. Woodside Wealth Management LLC now owns 241 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 151 shares during the period. Evolution Wealth Management Inc. bought a new stake in iShares TIPS Bond ETF during the fourth quarter valued at $26,000. Laurel Wealth Advisors LLC purchased a new position in iShares TIPS Bond ETF during the fourth quarter worth about $28,000. Finally, Smartleaf Asset Management LLC purchased a new position in iShares TIPS Bond ETF during the fourth quarter worth about $30,000. 63.62% of the stock is owned by institutional investors.

iShares TIPS Bond ETF Stock Down 0.1%

Shares of NYSEARCA TIP opened at $107.77 on Thursday. The stock’s 50-day simple moving average is $109.32 and its two-hundred day simple moving average is $110.31. iShares TIPS Bond ETF has a twelve month low of $107.76 and a twelve month high of $112.26. The firm has a market capitalization of $14.53 billion, a P/E ratio of 12.40 and a beta of 0.26.

About iShares TIPS Bond ETF

(Free Report)

iShares TIPS Bond ETF (the Fund), formerly iShares Barclays Treasury Inflation Protected Securities Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L) (the Index). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.

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Institutional Ownership by Quarter for iShares TIPS Bond ETF (NYSEARCA:TIP)

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